Notice of Closing Form #118 - MLSConnect.US 2026

1. Click ‘Get Form’ to open the Notice of Closing Form #118 in the editor.
2. Begin by entering the Property Address and FMLS # at the top of the form. These details are essential for identifying the transaction.
3. Fill in the Listing Agent Name and Listing Office Broker Code, followed by the Selling Office Broker Code and Selling Agent Name. Accurate information here ensures proper communication between parties.
4. Input the Binding Agreement Date (Contract Acceptance Date) and Closing Date. These dates are critical for tracking timelines.
5. In the section for Closing Costs Paid by Seller, enter the total amount that will be computed by FMLS from HUD-1. Ensure this figure is accurate to avoid discrepancies.
6. Select whether Lender Mediated applies by checking 'Yes' or 'No'. This is important for transactions involving short sales or foreclosures.
7. Choose the appropriate Terms from options like FHA, VA, or Cash. This indicates how the property is being financed.
8. Complete fields for Submitting Broker Code and Contact Name to facilitate follow-up communications.
9. Finally, review all entries for accuracy before submitting your documents as instructed within 3 business days of closing.

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